Cited Book: Supercapitalism: The Transformation of Business, Democracy and Everyday Life


book cover recommend book⇒Supercapitalism: The Transformation of Business, Democracy and Everyday Life
by Robert Reich 978-0-307-27799-2 paperback
birth 1946-06-24 age:70 978-0-307-26561-6 hardcover
publisher Knopf 978-0-307-26785-6 eBook
published 2007-09-04 978-1-4001-3461-8 audio
  B000VMBYSY kindle
Robert Reich was minister of labour under Bill Clinton. He explains how competition between companies for favourable legislation has lead to a sort of lobbying arms race. He explains the consequences, cheaper consumer prices, but also lower wages and less job security. He points out that corporations have no interest whatsoever in community values. It is pointless to expect them to care about global warming, job security, health care etc. They are purely market-driven. He believes this is as it should be. (I strongly disagree. Corporations should be just as responsible as individuals, and all individuals should be personally responsible for their actions they perform on behalf of the corporation.) However, he calls for citizen involvement in government to ensure issues that affect entire communities are properly addressed.
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